Hiring problems for IT, accounting

Tuesday, June 10, 2014
l Source:
Shine Jobs | Hindustan Times

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According to the ninth annual talent shortage survey conducted by ManpowerGroup, a HR and wokforce solutions firm, 64% of employers in India are finding it hard to find candidates with the right skills.

The worldwide talent shortage has local impact with 64%of employers in India struggling to staff job profiles, compared to 81% in Japan and 2% in Ireland. Further, the survey states that in India the most challenging fields in terms of manpower recruitment are accounting, finance and IT.

It is also very difficult to identify and recruit appropriate talent in the domain of sales - particularly sales managers. According to the survey, Japan is on top of the list with 81% employers experiencing difficulties in finding the right candidates.

Peru comes second with 67%, and India comes third, followed by Argentina (63%), Brazil (63%), Turkey (63%) and New Zealand (59%). At the other end of the scale, employers in Ireland (2%), Spain (3%) and Netherlands (5%) report the least problems with talent shortages. The survey reveals that 36 % of employers worldwide are reporting shortages, the highest in seven years.

A G Rao, group managing director, ManpowerGroup India, says, “Accountants and auditors are responsible for a wide assortment of tasks ranging from bookkeeping to tax preparation to strategic planning . Further, since every business activity has an online version there is an unprecedented requirement for skilled IT staff. ” The research shows that globally, the roles most difficult to fill are skilled trades workers, engineers and sales representatives.

Incidentally, this order of manpower challenge remains unchanged from last year. Employers are reporting the greatest talent shortages in skilled trades positions. Incidentally, for the third year in succession, engineers have ranked second on this list.

In the third place, moving up one notch from last year, are technicians. On the other hand, sales representatives have slipped a notch below to occupy the fourth place.The sales manager category is new to the top ten this year. In India it is hardest to find right talent for accounting, finance and IT jobs.

The top five trends affecting talent shortage are rapid technological development, shifting demographics, mismatch between talent supply and demand, fast-growing emerging economies and lack of hard and soft skills.The survey is based on inputs from 37,000 employers across 142 countries.

Comments

Job search is no more just a process, a whole industry has been setup with branches coming around out of it. And while the industry has made the process relatively easy and streamlined, there are things that haunt every job seeker. Be aware!
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